OVER $1 MILLION OF TREASURE DISCOVERED FROM SHIPWRECK OFF FLORIDA COAST

Riches that have been concealed for generations have now surfaced on Florida's Treasure Coast. A treasure valued at more than $1 million was found during the summer by the shipwreck salvage company 1715 Fleet – Queens Jewels, LLC. The bounty's discovery is full of information that helps to piece together its history, in addition to the monetary value of the precious metals they discovered.

The ship in question is a part of the doomed Spanish fleet of 1715, which has long inspired wonder and fantasies among historians and treasure seekers. Coins and diamonds gathered in the Mexican, Peruvian, and Bolivian colonies were taken by the navy when it left Cuba for Spain. A hurricane struck the fleet a few days into its voyage, sinking all but one of its ships off the Florida Atlantic coast. A $400 million treasure was lost to the sea along with it.

Motivated by this story, 1715 Fleet – Queens Jewels, LLC had been searching for any traces of this treasure for a long time. This is the largest discovery since 1990, according to the business, which has the sole right to salvage from the shipwreck. Capt. Levin Shavers and the crew of the Motor Vessel Just Right conducted the actual find by hand-fanning the sand on the sea floor and using underwater metal-detection equipment.

1,051 Reales, or silver coins, the majority of which were struck in Mexico City, are part of the prize. Along with other rare gold objects, there are five gold coins known as Escudos. Many of the coins retain dates and mint marks, which leads researchers to believe that they may have been part of a single chest or cargo, even if they have been at the ocean's bottom for centuries.

"The stories this wealth tells are just as important as the treasure itself," stated Sal Guttuso, the 1715 Fleet's director of operations, in a press statement. "Each coin is a piece of history, a tangible link to the people who lived, worked, and sailed during the Golden Age of the Spanish Empire. Finding 1,000 of them in a single recovery is both rare and extraordinary.”